Judgements by Mita Basak

The Income Tax Appellate Tribunal (ITAT), Delhi Bench, has quashed the reassessment proceedings initiated against Vertex International Private Limited for Assessment Year (AY) 2015-16 after holding that the notice issued under Section 148 of the Inco

The Income Tax Appellate Tribunal (ITAT), Delhi Bench, has condoned a delay of 2,073 days in filing an appeal and deleted an addition of Rs. 11 lakh made on account of cash deposits in a joint bank account.

The Income Tax Appellate Tribunal (ITAT), Mumbai Bench, has deleted an addition of Rs. 7.24 lakh made against a property purchaser towards an alleged cash or “on-money” payment, holding that the addition was based solely on material found during a se

The Income Tax Appellate Tribunal (ITAT), Mumbai Bench, has held that where the estate of a deceased person is administered by a sole executor, the income of the estate should be assessed at the slab rates applicable to an individual under Section 16

The Income Tax Appellate Tribunal (ITAT), Bangalore Bench, has deleted the penalty imposed under Section 270A of the Income Tax Act on a co-operative society after holding that the deduction claimed under Section 80P was based on a bona fide belief a

The Income Tax Appellate Tribunal (ITAT), Bangalore Bench, has quashed the reassessment proceedings initiated against an assessee for Assessment Year (AY) 2018-19 after holding that the approval for the proceedings was obtained from an authority not

The Income Tax Appellate Tribunal (ITAT), Bangalore Bench, has condoned a delay of 78 months in filing an appeal and remanded the matter to the Assessing Officer (AO) for fresh consideration after noting the assessee’s detailed explanation and the cl

The Income Tax Appellate Tribunal (ITAT), Bangalore Bench, has condoned a delay of 185 days in filing an appeal and remanded the matter to the Assessing Officer (AO) for fresh consideration after taking note of the assessee company’s defunct status a

The Income Tax Appellate Tribunal (ITAT), Agra Bench, has condoned a delay of 123 days in filing an appeal before the Commissioner of Income Tax (Appeals) [CIT(A)] and restored the matter for fresh adjudication on merits.

The Income Tax Appellate Tribunal (ITAT), Ahmedabad Bench, has quashed a reassessment order for Assessment Year (AY) 2015-16 after holding that the notice issued under Section 148 of the Income Tax Act on 8 April 2021 was time-barred and without juri